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Wolverhampton Intellectual Repository and E-Theses > Business School > Management Research Centre  > Employee roles in governance: contrasting the UK and German experience

Please use this identifier to cite or link to this item: http://hdl.handle.net/2436/26813
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Title: Employee roles in governance: contrasting the UK and German experience
Authors: Lewis, Timothy J.
Machold, Silke
Oxtoby, David
Ahmed, Pervaiz K.
Citation: Corporate Governance: International Journal of Business in Society, 4(4): 16-28
Publisher: Emerald
Journal: Corporate Governance: International Journal of Business in Society
Issue Date: 2004
URI: http://hdl.handle.net/2436/26813
DOI: 10.1108/1472700410558853
Additional Links: http://www.ingentaconnect.com/content/mcb/268;jsessionid=fdaf1pc19csm9.alice
Abstract: The paper examines the role of employees in governance. The paper highlights from a theory basis that employee and shareholder utilities can be coincident. However, it shows that corporate practice with respect to employee involvement in governance and decision-making is diverse. The paper draws out the contrast in approaches between the Anglo-American and the German approach to employees by detailing differences in employee power, career patterns, ownership patterns and legal obligations. These lead to enactment of a different structural and cultural governance systems; which are encapsulated in the unitary board structure of the UK and the two-tier German approach. The strengths and limitations of the unitary board and two-tier boards are highlighted, and the case for convergence examined.
Type: Article
Language: en
Keywords: Employee participation
Corporate governance
UK
Germany
ISSN: 1472-0701
Appears in Collections: Management Research Centre

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